The Town of Renewville has ambitious redevelopment plans for several key—but tired and/or underdeveloped—properties along its Main Street. As we know from a prior post examining the limited situations in which a local government may discuss property acquisition in closed session, the Renewville town council intends to kick-start the redevelopment process by acquiring several of […]
Posts Tagged ‘redevelopment’
Sale of Historic Structures by NC Local Governments for Redevelopment
Tuesday, December 16th, 2014Almost ten years ago, in the town of Bushwood, North Carolina, the “generous” owner of the historic textile mill building just off Main Street donated the property to the town (it was difficult to maintain and the owner didn’t want to pay property taxes on it any more). The town accepted the property, hoping that […]
Acquiring real property for redevelopment—can local governments keep it confidential?
Tuesday, June 17th, 2014The town of Renewville wants to improve the look of its downtown Main Street, which is pocked with poorly-maintained commercial buildings. The Mayor has had his eye on a few key properties on Main Street, which, if redeveloped, would transform the look and feel of downtown, perhaps spurring additional private investment in the area. After […]
How a North Carolina Local Government Can Operate a Land Bank for Redevelopment
Tuesday, March 18th, 2014If America’s cities and towns are to realize their greatest potential as attractive and welcoming places—and as drivers of the new American economy—they must be able to repurpose their vacant, abandoned and foreclosed properties. Those properties—whether the product of the current foreclosure crisis or the remnants of the old economy—diminish the sense of community among […]
Kelo Revisited: Eminent Domain for Economic Development in North Carolina
Tuesday, November 17th, 2009A New York Times article on Friday covered Pfizer’s announcement that it will be leaving New London, Connecticut, the city at the center of the landmark eminent domain case, Kelo v. City of New London, 545 U.S. 469 (2005). In Kelo, a 5‑4 majority of the U.S. Supreme Court decided that the Fifth Amendment of the U.S. Constitution permits […]